Apple introduces Apple Pay Later

Re:Apple introduces Apple Pay Later by imtig3rman on Tuesday March 28, 2023 @12:12PM (#35343378)

Apple using its cash surplus to slowly become a bank.

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Re:Apple introduces Apple Pay Later by comte7092 on Tuesday March 28, 2023 @12:19PM (#35343494)

They’re partnering with Goldman Sachs, as they have in the past. Goldman is providing the actual banking services.

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Re:Apple introduces Apple Pay Later by shagie on Tuesday March 28, 2023 @12:31PM (#35343727)

This is a traditional path for many large companies.

https://en.wikipedia.org/wiki/Ford_Motor_Credit_Company

https://en.wikipedia.org/wiki/Discover_Card

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Re:Apple introduces Apple Pay Later by scottyah on Tuesday March 28, 2023 @12:25PM (#35343616)

This is Warren Buffet's forte, allocating massive amounts of capital. Since Apple is his first/only tech company, I wonder if he's playing a part in this.

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Re:Apple introduces Apple Pay Later by zyang on Tuesday March 28, 2023 @12:19PM (#35343497)

"The fruit bank will have its due".

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